Press release
Transport Cases & Boxes Industry Outlook 2025-2029: Market Set to Cross $2.09 Billion Milestone
Transport Cases & Boxes Market
How Large Will the Transport Cases & Boxes Market Size By 2025?
In the last few years, there has been a consistent growth in the size of the transport cases & boxes market. This market is projected to expand from a value of $1.71 billion in 2024 to reach $1.75 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 2.5%. The upward trend in the historical period can be traced back to the use in military and defense sectors, the broadening of e-commerce and logistics, the boom in the aerospace and aviation industry, the rise in transport of industrial equipment, and the significant demand for personalized packaging solutions.
How Big Is the Transport Cases & Boxes Market Size Expected to Grow by 2029?
The market size for transport cases & boxes is predicted to witness steady expansion over the coming years, reaching a value of $2.09 billion in 2029, with a compound annual growth rate of 4.5%. This growth during the forecast period is due to factors such as global supply chain issues, development in e-commerce packaging methods, material and design innovations, an increased emphasis on sustainable packaging, as well as advancements in medical equipment and healthcare logistics. Throughout the forecast period, significant trends will include a focus on lighter, more durable materials, advancements in shock-absorbent technologies, incorporation of intelligent technologies, custom foam inserts for improved protecting, and an emphasis on sustainable materials and practices.
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Which Key Market Drivers Powering Transport Cases & Boxes Market Expansion and Growth?
The expansion of global business transactions is forecasted to drive the growth of the transport cases and boxes market. When referring to global trade, it encompasses the international buying and selling of goods and services by various businesses. This surge in global trade is due to emerging free trade agreements among nations coupled with decreased tariffs and other trade barriers. Transport cases and boxes play a pivotal role in this context, providing necessary protection to goods during shipping, storage, and organization processes integral to global trade. For instance, the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based organization under the United Nations Secretariat, predicted in December 2022 that global trade will hit a monumental $32 trillion in 2022. They further stated that trade in goods rose by 10%, reaching $25 trillion, and services surged by 15%, totaling $7 trillion in 2022. As a result, the escalating global trade phenomenon is fueling the growth of the transport cases and boxes market.
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What Are the Key Trends Driving Transport Cases & Boxes Market Growth?
The escalating trend of product innovation is making the rounds in the transport cases and boxes market. Prominent market constituents are focusing their energies on pioneering fresh product ideas to fortify their foothold in the market. The development and use of durable yet lightweight materials pave the way for downsized and lighter shipments, hence, cutting shipping costs and providing a long-term economic advantage for companies. For example, in April 2022, Tower Cold Chain, a UK-based shipment containers manufacturing company, unveiled a sturdy lightweight handleable solution, named KTEvolution. This innovative container for pharmaceutical transport, built in response to customer requests, promises high dependability and reusability. With the ability to be easily moved by one or two individuals, it offers over 120 hours of thermal insulation during transit without the need for external power or human involvement. This product will be available in two sizes, 26 litrers and 57 liters.
What Are the Emerging Segments in the Transport Cases & Boxes Market?
The transport cases & boxes market covered in this report is segmented -
1) By Material: Plastic, Polyethylene, Polystyrene, Polyethylene Terephthalate (PET), Polyamide, Polypropylene, Metal, Aluminum, Steel, Other Materials
2) By Water proof Feature: Water Proof, Non-Waterproof
3) By Application: Medical Equipment, Communication Equipment, Photography And Music Equipment, Automotive And Mechanical Parts And Mechanical Parts, Chemicals, Electronics And Semiconductor Components, Military Equipment, Other Applications
Subsegments:
1) By Plastic: Rigid Plastic Cases, Soft Plastic Cases
2) By Polyethylene: High-Density Polyethylene (HDPE) Cases, Low-Density Polyethylene (LDPE) Cases
3) By Polystyrene: Expanded Polystyrene (EPS) Cases, High Impact Polystyrene (HIPS) Cases
4) By Polyethylene Terephthalate (PET): Rigid PET Cases, Flexible PET Cases
5) By Polyamide: Nylon Cases, Other Polyamide Variants
6) By Polypropylene: Homopolymer Polypropylene Cases, Copolymer Polypropylene Cases
7) By Metal: Standard Metal Cases, Heavy-Duty Metal Cases, Customized Metal Cases
8) By Aluminum: Lightweight Aluminum Cases, Waterproof Aluminum Cases, Shock-Resistant Aluminum Cases
9) By Steel: Galvanized Steel Cases, Stainless Steel Cases, Heavy-Duty Steel Cases
10) By Others: Genuine Leather Cases, Synthetic Leather Cases, Fabric Cases, Wood Cases, Composite Material Cases
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Who Are the Global Leaders in the Transport Cases & Boxes Market?
Major companies operating in the transport cases & boxes market include GT Line, Royal Case Company, Pelican Products Inc., Hisco Case Inc., B&W International, SKB Corporation Inc., Gator Cases Inc., Anvil Cases Inc., Parker Plastics Inc., ZERO Manufacturing Inc., Wilson Case Inc., Willard Packaging Co, Nanuk by Plasticase Inc., JELCO Inc., Canyonwest Cases LLC, Explorer Cases, Cases By Source Inc., Porta-Brace Inc., Chicago Case Company, C.H. Ellis Company Inc., BWH-Spezialkoffer GmbH, ZARGES Inc., Plasticase Inc., Gmöhling Transportgeräte GmbH, Procases Inc, Seahorse Protective Equipment Cases, Platt Cases, R.P. Luce & Company Inc., Gemstar Manufacturing, Case Technologies Inc., Fawic Packaging Systems, Custom Case Company Inc., Dorner Case Inc., Packaging Strategies Inc., New World Case Inc.
Which are the Top Profitable Regional Markets for the Transport Cases & Boxes Industry?
Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the transport cases & boxes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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